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Axie Infinity Plot Sells for $2.5M
The sale follows a $3.2 million purchase of virtual real estate in Decentraland earlier this week.
Updated May 11, 2023, 4:08 p.m. Published Nov 26, 2021, 10:03 a.m. 1 min read
A plot of land in Axie Infinity, an animated, metaverse pet-training game, sold for $2.5 million on Thursday, according to a tweet on the game’s Twitter account.
- The 550 ETH sale was the highest for a single plot of virtual land, according to the tweet. The transaction was for a plot of Genesis land, one of several types available in the game.
Yesterday, an Axie Genesis Plot sold for 550 ETH!
— Axie Infinity | #AxieOrigins, #AxieHomeland (@AxieInfinity) November 25, 2021
This was the largest sale ever for a single plot of digital land ✨🔥
Learn about Land 👇https://t.co/6zPh0roPqG pic.twitter.com/4h5yERCwwO
- The sale follows the purchase of virtual real estate in Decentraland on Monday for 618,000 MANA, or about $3.2 million. That was for an estate of 116 land parcels, according to Tokens.com, whose Metaverse Group subsidiary made the purchase.
- Interest in the metaverse, or shared virtual environments, has surged in recent months. In October Facebook said it was changing its corporate name to Meta to signal an increasing focus on the sector.
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Cantor Fitzgerald has been appointed to help with the sale, according to sources.
What to know:
- The crypto custody firm is weighing a $500 million sale, according to sources.
- The jewel in Copper’s crown is the ClearLoop in-custody settlement system, which caters to dozens of institutional firms.
- Copper closed its enterprise custody business in 2023 to focus on ClearLoop
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